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  • Tata group to set up solar plant worth Rs 3,000 crore in Tamil Nadu: Report Nov 23, 2021 04:13 PM IST

    Tata group to set up solar plant worth Rs 3,000 crore in Tamil Nadu: Report

    The Tamil Nadu Generation and Distribution Corporation (Tangedco) has a target of generating around 25 GW of renewable energy by the year 2030. This will include a 20 GW solar project, a 3 GW hydroelectric project, and 2 GW of gas-based energy units.

  • The Green Pivot: New renewable energy targets throw up plenty of investment opportunities in the sector Nov 03, 2021 09:19 AM IST

    The Green Pivot: New renewable energy targets throw up plenty of investment opportunities in the sector

    To achieve net zero by 2070, India’s total installed solar power capacity would need to increase to over 5,600 GW , usage of coal would need to drop by 99 percent by 2060, and consumption of crude oil would need to peak by 2050 and fall by 90 percent between 2050 and 2070.  

  • India launches One Sun, One World, One Grid' project at global climate conference Nov 02, 2021 10:45 PM IST

    India launches One Sun, One World, One Grid' project at global climate conference

    The International Solar Alliance (ISA), was launched at COP21 in Paris and has recently expanded its membership scope to include all UN member states. There are 90 signatories and 193 prospective members.

  • Avaada Energy emerges lead suitor to acquire 340 MW solar power assets of Essel Group Nov 01, 2021 05:51 PM IST

    Avaada Energy emerges lead suitor to acquire 340 MW solar power assets of Essel Group

    Avaada Energy is owned by Vineet Mittal, the former promoter of Welspun Energy. He left the Welspun Group after selling the entire 1.1 GW renewable energy portfolio of Welspun Energy To Tata Power for $1.4 billion.

  • Solar power tariffs may rise next fiscal on increased taxes: Crisil Oct 25, 2021 06:24 PM IST

    Solar power tariffs may rise next fiscal on increased taxes: Crisil

    If there is no correction, tariff may further rise by 15-20 paisa per unit to maintain the said returns, Crisil warned and, distribution utilities have been wary in the past to participate in bids above Rs 2.5 per unit.

  • Siemens Limited acquires 26% stake in Sunsole Renewables Private Limited Oct 22, 2021 03:43 PM IST

    Siemens Limited acquires 26% stake in Sunsole Renewables Private Limited

    With this acquisition, Siemens Limited is aiming to procure renewable energy to reduce its carbon footprint for its manufacturing facility at Kalwa.

  • India’s 100GW solar energy target hits a cost bump Oct 21, 2021 11:00 AM IST

    India’s 100GW solar energy target hits a cost bump

    Import duty deferment and extension of project deadlines can help solar project developers who are hit by costlier imported inputs 

  • India most cost-effective globally in rooftop solar power: Report Oct 15, 2021 04:38 PM IST

    India most cost-effective globally in rooftop solar power: Report

    Due to the lower cost, rooftop solar photovoltaics (RTSPV) technology, such as roof-mounted solar panels used in homes, and commercial and industrial buildings, is currently the fastest deployable energy generation technology. This, according to this global study, is projected to fulfil up to 49 per cent of the global electricity demand by 2050.

  • India adds 6,530 MW solar, wind capacities during July 2020-June 2021: Report Oct 13, 2021 10:45 PM IST

    India adds 6,530 MW solar, wind capacities during July 2020-June 2021: Report

    Gujarat added 2,256 MW capacity, the highest capacity during the said period, followed by Rajasthan and Uttar Pradesh which added 1,438 MW and 822 MW, respectively.

  • The Green Pivot: NTPC's asset monetization plan to help unlock value and bring back green funds  Oct 05, 2021 09:29 AM IST

    The Green Pivot: NTPC's asset monetization plan to help unlock value and bring back green funds 

    Out of NTPC’s three subsidiaries, two are dedicated to green energy – NREL and NVVN. These two companies are the ones which will be driving most of the future capital expenditure and growth 

  • Ahead of SPAC vote, ReNew Power acquires 359 MWs of clean energy assets for $384 million Aug 11, 2021 12:13 PM IST

    Ahead of SPAC vote, ReNew Power acquires 359 MWs of clean energy assets for $384 million

    On August 6, Moneycontrol had reported that the US Securities Exchange Commission or SEC (the equivalent of India’s market regulator SEBI) had given the crucial regulatory nod to the mega $8 billion SPAC transaction between ReNew Power and RMG Acquisition Corporation II. The shareholder vote is pending for the deal post which the combined firm will start trading on the Nasdaq.

  • RIL-Ambri deal: All you need to know about renewable energy storage Aug 11, 2021 11:59 AM IST

    RIL-Ambri deal: All you need to know about renewable energy storage

    With Reliance New Energy Solar (RNSEL), a unit of Mukesh Ambani’s Reliance Industries (RIL), investing in energy storage company Ambri, we take a closer look at the technologies and facilities that are involved in the storage of clean and renewable energy.

  • Rooftop solar power — Plug the policy loopholes Aug 10, 2021 08:56 AM IST

    Rooftop solar power — Plug the policy loopholes

    More than subsidy sops, structural measures are needed to deepen the penetration of the RTS segment 

  • ACME Solar Holdings raises $334 million via NCDs  Jul 30, 2021 12:27 PM IST

    ACME Solar Holdings raises $334 million via NCDs 

    The dollar denominated offshore green bonds will help the company get access to a wider source of cost effective long term capital, something ACME says is extremely important for India’s renewables growth target of 450 GW by 2030.

  • The Green Pivot | NTPC takes giant steps towards improving its ESG score Jul 23, 2021 10:26 AM IST

    The Green Pivot | NTPC takes giant steps towards improving its ESG score

    NTPC is transforming itself into a green warrior through a slew of programmes that will substantially increase its share of renewable energy generation

  • V.J. Kurian: 'Cochin risked falling off the air map' Jun 12, 2021 10:26 AM IST

    V.J. Kurian: 'Cochin risked falling off the air map'

    V.J. Kurian, who retired as managing director of Cochin International Airport Limited on June 9, on the genesis of CIAL, how it became a PPP airport, why it adopted solar power, and plans for an airline that never took off.

  • Solar modules — Price shock absorber need of the hour May 26, 2021 08:32 AM IST

    Solar modules — Price shock absorber need of the hour

    A rethink on import levy and targeted incentive for the entire value chain in manufacturing can have a benign effect on solar equipment cost

  • Adani-SB Energy deal | M&A trend in solar sector will only intensify May 19, 2021 11:28 AM IST

    Adani-SB Energy deal | M&A trend in solar sector will only intensify

    Smaller companies are finding it difficult to meet project commitments as suppliers back out and customers don’t sign power purchase agreements

  • India’s solar power target needs an urgent review May 14, 2021 10:12 AM IST

    India’s solar power target needs an urgent review

    Apex court order adds to the problems of the renewable energy sector which is already plagued by the pandemic-led slowdown

  • Coal India signs first ever power purchase pact with GUVNL for sale of 100 mw solar power Apr 23, 2021 03:32 PM IST

    Coal India signs first ever power purchase pact with GUVNL for sale of 100 mw solar power

    The tenure of power purchase agreement (PPA) is 25 years, Coal India Ltd (CIL) said in a statement.

  • In drought-prone Marathwada, solar-powered water pumps are a mixed blessing Apr 18, 2021 01:12 PM IST

    In drought-prone Marathwada, solar-powered water pumps are a mixed blessing

    Loopholes and improper implementation of the solar water pump scheme might harm the environment further.

  • Power drinkers - Aussie brewer offers beer for excess solar energy Mar 31, 2021 05:59 PM IST

    Power drinkers - Aussie brewer offers beer for excess solar energy

    Along with putting solar panels on its Melbourne brewery and buying power from a solar farm, CUB is looking to buy excess solar power from households, paying in cans of beer instead of cash, to help meet its target to use 100% renewable power by 2025.

  • BHEL secures first ever overseas solar project Mar 22, 2021 04:09 PM IST

    BHEL secures first ever overseas solar project

    The project will be set up by BHEL at Tamarind Falls, Henrietta (Phase II), Mauritius on Engineering, Procurement and Construction (EPC) basis, BHEL said in a statement.

  • Wind power — Which way is the wind blowing? Mar 17, 2021 08:36 AM IST

    Wind power — Which way is the wind blowing?

    Low bids at auction are encouraging, but wind energy faces headwinds that need to be addressed if the sector has to play an effective role in the country’s renewable power journey 

  • Tata Power arm TP Saurya to supply solar power to Tata Steel in Jharkhand Mar 03, 2021 02:19 PM IST

    Tata Power arm TP Saurya to supply solar power to Tata Steel in Jharkhand

    Tata Power's wholly-owned subsidiary, TP Saurya Limited, has signed a Power Purchase Agreement (PPA) with Tata Steel Ltd to develop a 15 MW solar project at Jamshedpur, Jharkhand, a company statement said.

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